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DeeHwa, Ok I bow to your greater understanding of maket value. Ans thanks for pointing out the concept of highest and best use ... yeah I must admit I had forgotton about that and should have realised that zoning is immaterial and single dwelling covenants don't matter a toss in...

Two people that really love the place duke it out at auction; they take the place $200k above where bidders 3 and 4 dropped out. The underbidder buys another property. The winning bidder can't get the finance.. the property goes to Auction again .. what is the probability that it will go for...

Intersting you should say that. I am going to get an agents opinion as to wether or not it is worth it. However I sholud point out that I do all the work myself (bar plumbing and electrics); I build my own kitchens, do plasterboard work etc. To toally renovate this 82sqm house should...

I like what I am reading on this thread. I am getting back posession of a 2 bed Victorian SF terrace IP in Fitzroy North, on Brunswick St, just above Alexandria Pde, 2.8kms from the city on a tram line, 1 km walk to Melb uni. I am going to take a couple of weeks off and renovate it and...